The Human Rights Campaign (HRC), an LGBTQ-focused advocacy group, has rejected a proposed $5 million donation offered by Walt Disney Co. (NYSE:DIS) CEO Bob Chapek by calling into question the company’s commitment to supporting LGBTQ rights.
What Happened: Chapek had been the subject of growing criticism for not issuing a public statement in the wake of the Florida legislature’s passage of the “Don’t’ Say Gay” legislation that bans the discussion of sexuality and gender identity in Florida’s schools until after the third grade. Chapek finally made a statement against the legislation on Wednesday and added that Disney would be donating $5 million to HRC to help finance its work in ensuring LGBTQ civil rights.
